Citi has enhanced its middle office services with the launch of a new client reporting solution.
The new reporting service is built on the latest technology, including the Vermilion Reporting Suite, as well as Citi’s own Clarity data and analytics platform.
The enhancement will offer asset managers an automated solution for configuring, formatting and scheduling customised investment accounting and performance reports.
Sanjiv Sawhney, global head of custody and fund services at Citi, said: “This enhancement is the result of significant investments Citi has made in technology and intensive teamwork between Citi and our anchor client.”
“Client reporting is an increasingly important function for asset managers in the investment life cycle, and we are pleased to be able to upgrade this service as part of our commitment to building out a world-class middle office platform.”
Earlier this year, Citi announced the hiring of Mark Ersser as new head of client reporting product for EMEA as part of its investment to enhance the middle office client reporting solution.
Citi said it plans to continue expanding its reporting capabilities to support factsheet production as well as interactive self-serve portals in the future.
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